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Technology Stocks : Lucent Technologies (LU)

LU 2.445

+1.2%

11:00 AM EST

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To: Capitalist who wrote (1359)	2/13/1998 8:54:00 AM
From: artemus	Read Replies (1) of 21876

The article states that the consensus estimate for fiscal year 1998 is currently $3.01 per share. That puts forward looking PE at just over 30. But actual earnings in the last quarter alone were $1.72 per share, which makes that 30 appear way high.

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